Sustainability Report 2024

Welcome 2024: A Landmark Year for Sustainability at Cognita 2024 has marked a year of continued progress and growing momentum for sustainability across Cognita. Our long-standing commitment to Environmental, Social, and Governance (ESG) excellence remains steadfast, now supported by an expanding number of initiatives and an increasing body of evidence demonstrating our impact. As our role in shaping a sustainable future strengthens, so too does our sense of responsibility- and we are proud to be rising to meet it.

This is about more than individual milestones. Rooted in our belief in Holistic Education, we see learning as a force for human development that reaches far beyond the classroom. It empowers individuals to make better decisions, live healthier lives, and contribute meaningfully to society.

As we move through 2025 and look ahead to 2026, we are energised by our progress. We know there is more to do in order to fulfil our full ESG aspirations. But we are confident that with the help of our partners, we will be able to contribute more and more to our communities and our environment.

For the Executive Leadership Team, the Board, and everyone in our global community, it is deeply rewarding to see clear, measurable gains in ESG. These are not just metrics - they are milestones in our journey to becoming a more sustainable, responsible, and future-focused organisation.

We hope you enjoy reading this report as we progress towards a more sustainable future.

Materiality We first undertook a materiality assessment in 2023 to identify and better understand the ESG topics that could potentially impact Cognita and its stakeholders (including students, colleagues, parents, local communities, investors, and regulators).

To do so, we worked with an independent consultant, utilising the Global Reporting Initiative (GRI) Standards double materiality methodology. There are two main factors which together make up the concept of 'double materiality': financial materiality and impact materiality.

We first used sector standards to understand our sector and context. While engaging with relevant stakeholders and experts, we considered the topics and impacts described in the standards, and assessed the significance of these impacts. We then prioritised the most significant impacts by testing the material topics with experts, information users and against the standards. This is how we determined the material topics to our business and put together our materiality matrix. The topics have been aligned with our Sustainability Strategy.

Materiality Matrix

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Waste Management

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Mental Health

La b ur Practices

Ethical Marketing

Dive�ity, Equity, and l�clusion

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Systemic isk Management r

GHG Emis ions/ Carbon Footprint

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Physical Impacts of Climate Change

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Data Security and Privacy �

Wellness

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Critical Incident Risk Management Health & Nutrition Management of the Legal and Regulatory Environment h

Impacts/ Biodiversity

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Negligible

Moderate

Significant

STAKEHOLDER IMPACTS

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Major

Priorities: Sustainable Learning Environments Nurturing Responsible Learners Fair & Sustainable Workplaces t '1 � r C l1I • Foundational Principia: Leading Responsibly

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We plan to review and update our materiality assessment every two years to ensure we remain focused on the key topics and impacts for our business and stakeholders, in alignment with relevant regulatory requirements. This Sustainability Report remains aligned with the materiality assessment we conducted in 2023.

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Sources of greenhouse gas emissions Our carbon footprint is calculated according to the Greenhouse Gas (GHG) Protocol, the leading global standard to measure and manage GHG emissions. The GHG Protocol defines three "scopes" for accounting and reporting purposes (Cognita currently reports on Scope 1 and 2, and we are actively planning how to expand our reporting to include Scope 3):

sco p e ] _____ _ _ _ _ _1_____ Direct greenhouse gas emissions that a company generates from its own sources and activities.

l ____ ...

s co pe 2 ] _ _ _ _ _____

Indirect greenhouse gas emissions that arise from the generation of e.g. purchased electricity/other energy sources.

[ scop e 3 _____ _ _ _ _ _____ Greenhouse gas emissions that occur in a company's "value chain", i.e. activities beyond its direct control such as those from suppliers and customers.

Measurement improvements We completed the second year of calculating our global Scope 1 and 2 GHG emissions inventory and water usage tracking exercise with the support of an external consultant.

We have also aligned our 2022 and 2023 calendar year data with our financial year to better comply with regulatory requirements and best practice. This means that every year in November, we calculate our GHG emissions from the financial year before.

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COG NITA THRIVE IN A RAPIDLY EVOLVING WORL D

Cognita

41-42 Eastcastle St, London,

W1W8DY

www.cognita.com

sustaina bility@cognita.com

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